Decade break from pension contributions could see £90,000 loss - Aegon
'Sacrificing 'free money''
"The boosts from employer contributions and also the government ‘tax relief' top-up mean taking a break from contributions effectively means sacrificing ‘free money'" - Aegon's Steven Cameron
Savers breaking away from pension contributions in their mid-20s could lose out on tens of thousands of pounds, research conducted by Aegon has found.
The analysis looked at the potential eventual losses to the pension pot of a 22-year-old, who joined a workplace pension scheme on an average starting salary of £20,000, if they decided to stop paying...
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